Honorable Robert Bunda

President of the Senate

Twenty-First State Legislature

Regular Session of 2002

State of Hawaii

Sir:

Your Committee on Economic Development and Technology, to which was referred S.B. No. 2411 entitled:

begs leave to report as follows:

The purpose of this measure is to appropriate moneys to the Department of Business, Economic Development, and Tourism to market Hawaii products and services.

Your Committee received comments on this measure from the Department of Business, Economic Development, and Tourism.

Your Committee finds that, given the recent changes within our economy, diversifying Hawaii's economy by strengthening the sales of our manufacturing and professional service sectors will help in offsetting the loss of revenues and employment opportunities in tourism related businesses.

Your Committee has amended this measure by changing the dollar amount of the appropriation to $1 to allow your Committee on Ways and Means to make the final dollar determination.

As affirmed by the record of votes of the members of your Committee on Economic Development and Technology that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2411, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 2411, S.D. 1, and be referred to the Committee on Ways and Means.